Economy & Markets
The important economic and stock market news that advisors need to know.
DOL Fiduciary Rule Causes Pullback on Sale of Annuities, Funds by Insurers
By Arthur D. PostalState Farm Insurance says it will not accept liability on the future sale of annuities or mutual funds.
September 20, 2016
Goldman Picks a Side in One of the Fed's Most Contentious DebatesEconomists try to get to the bottom of inflation's chicken-or-egg problem.
September 20, 2016
Financial Services Firms’ Reputation Still Shadowed by 2008 CrisisThe 2008 financial crisis continues to shape negative consumer views of the financial services firms.
September 19, 2016
Active U.S. Equity Funds Bled Cash in August: MorningstarActive U.S. equity funds continued to hemorrhage assets in August while their passive counterparts persisted in performing well.
September 19, 2016
Markets and Pundits Have a Data-Point FixationPeople often seem to overlook the weaknesses in data. I see this often in the financial community, and among presidential poll watchers.
September 19, 2016
Funds Dump Gold at Fastest Pace Since May as Fed View ShiftsMoney managers cut bets on bullion rally by most since May as Fed officials prepare to release policy statement on Sept. 21.
September 19, 2016
Central Bank Meetings Could Bring 'Global Repricing' This Week: CitiExpect a bumpy ride as global markets digest news from both a U.S. Fed Reserve and Bank of Japan gathering, according to one analyst.
September 19, 2016
Raymond James’ Saut: Trump, Clinton Wretched; Markets RosyJeffrey Saut, Raymond James chief investment strategist, says Trump scares me to death while Clinton is a liar.